Mitsubishi could have been flouting fuel efficiency rules for 25 years

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Mitsubishi Motors has had half the value of its company wiped out following the fuel efficiency scandal (Source: Getty)

Jake Cordell

The scandal at Mitsubishi Motors could date back a quarter of a century, it was reported this morning, as the troubled Japanese car maker announced it was setting up a special committee to investigate wrongdoing.

In a statement issued this morning, Mitsubishi said: "Mitsubishi expresses its most sincere apologies to all of our customers, shareholders, and stakeholders for any inconvenience or concern caused by this occasion.

"The board of directors decided to establish a special investigation committee consisting of only external experts" to further investigate the claims.